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Northern Technologies International (NTIC)
NASDAQ:NTIC
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 10, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.18Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 08, 2025
|% Change Since: -30.71%
|Next Earnings Date:Apr 10, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted NTIC's record-breaking sales and significant growth in the Natur-Tec and Zerust Oil & Gas segments, alongside improved gross margins. However, these positives were partially offset by a decrease in net income, increased operating expenses, and specific challenges in the German market. The overall sentiment is cautiously optimistic with a focus on future growth.Company Guidance
During the Northern Technologies International Corporation (NTIC) Q1 2025 earnings call, the company provided guidance highlighting key financial metrics and future expectations. NTIC reported a 5.7% increase in consolidated net sales, reaching a record $21.3 million for the quarter, with notable contributions from Natur-Tec sales, which surged by 22.8%. Zerust Oil & Gas sales saw a modest 0.7% increase, while NTIC China achieved an 8.6% rise in sales. The company's joint ventures also experienced a 1.2% increase in net sales. NTIC's gross margin improved to 38.3%, reflecting successful quality system improvements and strategic investments in the oil and gas sales infrastructure. Looking ahead, NTIC anticipates further sales growth and enhanced profitability throughout fiscal 2025, driven by increased customer activity and robust demand for Natur-Tec's compostable plastics products.Record-Breaking Sales
NTIC's first quarter consolidated sales reached a record $21.3 million, a 5.7% increase year-over-year, driven by Natur-Tec's 22.8% sales growth and improvements in China.
Natur-Tec Growth
Natur-Tec sales increased by 22.8% year-over-year to a quarterly record of $5.9 million, with growth driven by new customer wins in North America and India.
Gross Margin Improvement
Gross profit as a percentage of net sales improved by 200 basis points to 38.3% due to successful initiatives to address inflationary pressures.
Zerust Oil & Gas Sales Growth
Zerust Oil & Gas sales on a trailing 12-month basis increased by 20.3% to $9.2 million, reflecting growing demand.
Investment in Sales Infrastructure
Strategic investments were made to expand oil and gas sales infrastructure, with expected accelerated sales in the second half of fiscal 2025.
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Northern Technologies International (NTIC) Earnings, Revenues Date & History
NTIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NTIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 08, 2025 | $13.35 | $13.04 | -2.32% |
| Nov 19, 2024 | $13.16 | $13.93 | +5.85% |
| Jul 11, 2024 | $15.45 | $13.75 | -11.00% |
| Apr 11, 2024 | $11.85 | $13.47 | +13.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Northern Technologies International (NTIC) report earnings?
Northern Technologies International (NTIC) is schdueled to report earning on Apr 10, 2025, TBA Not Confirmed.
What is Northern Technologies International (NTIC) earnings time?
Northern Technologies International (NTIC) earnings time is at Apr 10, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NTIC EPS forecast?
NTIC EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.
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